Motorola Sees Q1 Adj. EP $2.50-$2.55 vs $2.37 Est., Sees FY24 Adj. EPS $12.62-$12.72 vs $12.68 Est.
Portfolio Pulse from Benzinga Newsdesk
Motorola Solutions, Inc. (MSI) forecasts Q1 adjusted earnings per share (EPS) to be between $2.50 and $2.55, surpassing the estimated $2.37. For the full year 2024, the company expects adjusted EPS to range from $12.62 to $12.72, compared to the consensus estimate of $12.68.
February 08, 2024 | 9:14 pm
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POSITIVE IMPACT
Motorola Solutions, Inc. (MSI) projects higher than expected Q1 adjusted EPS and a full year 2024 adjusted EPS that closely aligns with consensus estimates.
Motorola Solutions' projection of higher than expected Q1 earnings and a full year outlook that meets consensus estimates is likely to be viewed positively by investors. This could lead to increased investor confidence and a potential short-term uptick in MSI's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100